Bse Filing
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Bajaj Auto third quarter profit surges 20% to Rs 1,221 cr on higher sales volume; total exports increase 23%
•Bajaj Auto's domestic motorcycle sales in the third quarter stood at 6,44,093 units compared to 4,66,431 units in the year-ago period.
ITC clocks 4% increase in third quarter profit at Rs 3,209 cr; gross sales revenue up 15.09% to Rs 11,340 cr
•ITC had posted a net profit of Rs 3,090.20 crore in October-December quarter a year ago, ITC said in a BSE filing.
LIC completes acquisition of 51 percent stake in IDBI Bank; insurer to have strategic investment in large bancassurance channel
•IDBI Bank Monday said insurance behemoth LIC has completed the acquisition of 51 percent controlling stake in the bank
Bank of Maharashtra Q1 loss nearly trebles to Rs 1,119 crore as NPAs spike
•Bank of Maharashtra had reported reported a net loss of Rs 412.20 crore in the April-June period of 2017-18.
Siemens India internal probe unearths Rs19 crore fraud of fake orders
•Siemens’ internal probe has unearthed a fraud that was perpetrated on the company over several years through fake purchase orders by certain employees
L&T Construction bags orders worth Rs 3,039 crore
•In the water and effluent treatment sector, the company won orders worth Rs 1,422 crore, L&T said in a filing to BSE.
Jubilant Life Sciences arm gets US FDA nod for coronary drug
•Jubilant Life Sciences today said its wholly-owned subsidiary has received approval from the US health regulator for RUBY-FILL -- Rubidium 82 generator and elution system -- used in diagnosis of coronary artery disease in the US market.
Hero MotoCorp Q1 net up 18% at Rs 883 crore
•Country's largest two-wheeler maker Hero MotoCorp today posted 18.13 per cent jump in standalone net profit to Rs 883.10 crore for the first quarter ended on June 30, 2016-17.